# The Building Societies (Member States) Order 1992, Article 2: Interpretation


(1) In this Order, except where the context otherwise requires—
“the Act” means the Building Societies Act 1986;
“relevant provision” means a provision of the Act which applies in relation to advances secured on land;
“society” means a building society;
“specified advance” means an advance which a society may make by virtue of this order;
“specified country” means a member State other than the United Kingdom, and
“specified countries” shall be construed accordingly; and
“specified security” means the form of security to which paragraph 1 of Schedule 1 to this Order refers.
(2) For the purposes of this Order, a provision of the Act which applies in relation to advances fully secured on land shall be treated as one which applies in relation to advances secured on land.

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Source: https://www.legislation.gov.uk/uksi/1992/1547/article/2 (the official version)
Page: https://openlegislation.uk/building-societies-member-states-order-1992/article-2
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.

